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CBS Swings To Profit; Interactive Revs Drop 14 PercentCBS’ earnings were on the positive side in Q3, as revenues were down less than 1 percent, an indication that the economic pain of the past year may be easing a bit. Specifically, net income in Q3 was $207.6 million ($0.30 cents per share... |
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RealNetworks Laying Off 4 Percent Of Staff Today; About 70 Jobs; CEO MemoLast week, RealNetworks (NSDQ: RNWK) CEO Rob Glaser talked about how cost cuts helped the company achieve a surprise Q3 profit. Now we’ve confirmed that he’s cutting more—this time, 4 percent of the staff, or roughly 70 jobs ... |
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Skype Cofounders Will Be Part Of Buyout Group; Index Ventures Is OutA settlement has been reached that should wipe the slate on all of the litigation involving Skype and its founders, paving the way for the unit to be spun out of eBay (NSDQ: EBAY)—and also will wipe Index Ventures out of the picture, pai... |
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paidContent Quick Hits 11.05.09» Nikki Finke reports that Oprah Winfrey will be taking her show to her OWN channel in 2011, leaving CBS (NYSE: CBS), ABC and Sony (NYSE: SNE) in the lurch. [Deadline Hollywood] » Steve Ballmer says the Microsoft-Yahoo... |
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Social Travel Site Everlater Gets FundingEverlater, a startup that lets users set up online travel scrapbooks, has raised a first round of funding led by Highway 12 Ventures; the company isn’t saying how much it raised. With Everlater, users designate the origin and destination... |
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BusinessWeek's Sibley Stays As Publisher Under Bloomberg; BW.com's Neal Is OutFollowing weeks of guessing about how will stay and who will go after BusinessWeek is handed off to Bloomberg next month, the mag’s worldwide published Jessica Sibley will remain, TalkingBizNews reports (via Romenesko). However, Roger Ne... |
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